Form 4: Albertsons Companies Executive Receives Time-Based Restricted Stock Units
SEC Form 4 Filing
Thomas M. Moriarty, EVP at Albertsons Companies, was granted 159,019 time-based restricted stock units on May 1, 2025, vesting in full on May 1, 2027, contingent upon continued employment.
Summary
- Thomas M. Moriarty, an Executive Vice President at Albertsons Companies, received 159,019 time-based restricted stock units on May 1, 2025.
- These restricted stock units will vest fully on May 1, 2027, provided Moriarty remains employed by the company through that date.
- Each restricted stock unit represents the right to receive one share of Class A common stock of Albertsons Companies, Inc.
Sentiment
Score: 7
Explanation: The document indicates a standard executive compensation practice, suggesting stability and alignment of interests. The sentiment is neutral to positive.
Positives
- The granting of restricted stock units aligns the executive's interests with the long-term performance of the company.
- The vesting schedule encourages continued employment and commitment from the executive.
Risks
- The value of the restricted stock units is subject to the market price of Albertsons Companies' Class A common stock.
- The executive must remain employed until the vesting date to receive the full benefit of the award.
Future Outlook
The executive's compensation is tied to the company's stock performance, incentivizing efforts to increase shareholder value.
Industry Context
Granting restricted stock units is a common practice in corporate compensation to align executive interests with shareholder value and encourage long-term commitment.
Comparison to Industry Standards
- Many companies in the retail sector, such as Kroger and Walmart, use restricted stock units as part of their executive compensation packages.
- The vesting period of two years is fairly standard for these types of grants, aligning with typical performance evaluation cycles.
Stakeholder Impact
- Shareholders may view the grant positively as it aligns executive interests with company performance.
- Employees may see it as a sign of the company's commitment to retaining key personnel.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Grant of 159,019 time-based restricted stock units. |
| 05/01/2027 | Vesting date for the restricted stock units, contingent upon continued employment. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
restricted stock units, Albertsons Companies, Thomas Moriarty, executive compensation, equity, vesting
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